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FOX Business
Sep 12, 2012 9:20am EDT
the united states rejects the efforts to denigrate religious beliefs of others, we must oppose the violence that took the lives of these public servants. again, the president will speak about this attack 10:35 eastern, we will carry it for you. and the u.s. embassy in cairo attacked. an american flag was ripped down and destroyed there and remember, we've given billions in aid to egypt. coming up in a few moments, ambassador john bolton will join us, where is america's mideast policy headed and should we keep paying? just this morning, germany's top court approved that nation's participation in a european bailout, paving the way for money printing in europe. and the markets like it. here is a look at dow futures, oil and gold. all of they will are up this morning, as of right now, they're all up. and they were up a whole lot more before the news of america's ambassador being killed in libya, before that news came out. we're up a lot more. we've got a big day for apple. a new iphone expected to be unveiled and mark zuckerburg, says it's time to double down on facebook, we're watching both bi
FOX Business
Sep 12, 2012 11:00am EDT
at this crisis? speak of the united state unites attacked september 11, 11 years ago, and united states attacked september 11 yesterday. what does that mean? the united states territories, the embassy, it was egypt and libya. were they coordinated attacks? when the president came out, as you rightly did, he should have followed that by saying these attacks are not going to be tolerated, we will hold the host governments responsible for this. some indication even in egypt there was advanced warning these attacks are coming which is why the americans had gotten out of that embassy. the president of the united states needs to say to those countries who will hold you responsible, have to protect our people, you have to have better protection of our people and if you don't do that we will reassess our relationship with you because if you don't stand strong right now, this is what happened to jimmy carter and why ronald reagan was elected. jimmy carter did not do something strong. he apologized, said let's try to negotiate and that is the kind of response i heard from president obama. dagen: did we ha
FOX Business
Sep 13, 2012 9:20am EDT
before about soaring oil prices and mitt romney and the plan to get the united states of america, energy independent by 2020. and the fact that the keystone pipeline locked by barack obama. off the coast of virginia, the obama administration is blocking the creation of new jobs and oil exploration, and the middle east and the strangle hold that the middle east has on our economy, will be a major issue in this election, and it's all about the economy. >> and it's all about the economy, and i want it know where we see mitt romney break out and take a convincing lead. and you said, incouple bent always lead at labor day, when does mitt romney jump out ahead. when? >> stuart, i think it's going to be a classic sweet 16 kind of final four matchup where you have an underdog, which clearly, any challenger, including mitt romney is an underdog that hits the three-point shot at the end and the grass roots win and we take our country back and that's how this is going to play out. >> i'm going to wait until october before i see a breakout. >> absolutely, and i did mix metaphors, basketball and foot
FOX Business
Sep 14, 2012 1:00pm EDT
smoke coming out of the u.s. embassy. they have replaced the united state flag. there are also reports they have taken over an american school there as well. fox is trying to confirm all of this. it is similar to what we are seeing and other countries, in particular lebanon. at least one person was killed in the protest. many more were wounded. this comes as pope benedict xvi arrived in lebanon. protesters they were seen ripping up his picture ahead of his visit to lebanon. here in afghanistan, we feared there would be widespread violence. so far, those have not materialized. it has been very peaceful here in kabul. there are real concerns that the rights will spread to afghanistan or pakistan in the coming days. melissa: connor, thank you for that report. lori: these are trying times, that is for sure. let's see how the markets are reacting. nicole petallides is on the floor of the new york stock exchange. nicole: we are keeping a close eye on some of the office product retailers. there is news. the first set of news is stapled it now has private equity firms interested in taking it p
FOX Business
Sep 21, 2012 9:20am EDT
beliefs of others. >> let me state very clearly, and i hope it is obvious, that the united states government has absolutely nothing to do with this video. >> welcome back. the state department sending $70,000 of your tax money to air this ad in pakistan. >> we reject all efforts to denigrate the religious beliefs of others. >> let me state very clearly, and i hope it is obvious, that the united states government had absolutely nothing to do with this video. >> those ads are going to reach about 90 million people in pakistan, running on seven pakistani tv networks. the administration said the attack in libya had nothing to do with the movie. it was planned by months-- for months by al qaeda. charles payne and sandra smith are here, what's your take on this? >> it's outrageous. i'm surprised we didn't see a guy who looked like ben franklin in a powdered wig and a bulldozer, running over the constitution. please, pakistan, please. >> how can we allow christians in america to be boycotted by millions of cities because an executive has an opinion on one thing and then begs them to for
FOX Business
Sep 25, 2012 11:00am EDT
. dagen: china looking to put an end to the united states domination of the western pacific by expanding its navy presence, forcing the u.s. to send a significant number of troops to the region in response. connell: fox news adam housely is with us now in san diego with the latest on that. adam? >> yeah, connell and dagen it's one of those stories that's kind of flown under the radar a bit because so much is going on in middle east and on going operations in afghanistan but it is extremely important in the pacific because china is doing what it can to really increase its reach if you will because they are going for more resources as we know and more influence in the region. over the course of the last 20 years they have increased their defense spending by 15%. and today they actually unveiled officially their first ever aircraft carrier, actually purchased from the russians and then refurbished by china. it is important because china because of this reach there are problems now with -- water gun attacks in the last days and as well as disputed islands with japan, both sending ships with
FOX Business
Sep 14, 2012 11:00am EDT
the president of the united states. there are things that can relieve the price of oil we are not doing. dagen: is it healthy that this is not the kind of shock that we saw in 2008 where it will spike above $100 a barrel, was $135 a barrel at the high. oil has remained relatively high for the american people in the last few years and got me chance to learn to live with it. >> that is true but also hurts everybody. certainly the lower end of the economy if you are a person who has to drive a long distance to work and you have to shell out that much more for your pay, it is a problem. natural gas is going to be a substitute that will have its day. we have an unlimited supply. dagen: would you invest in oil and commodities? >> i am already invested in oil and commodities to a great extent because as i said inflation is a genie in the bottle that will get out sooner or later and ben bernanke and all the politicians in the world can't bribe themselves enough to keep it in. dagen: it would take a healthy economy to trigger that and this economy is not. >> it does not take a healthy economy to trigge
FOX Business
Sep 17, 2012 1:00pm EDT
been going in terms of violence, and also, he says this is not over yet because if the united states does not respond appropriately to his mind, which means punishing those involved with this film, he says these protests could continue. i said, what do you want to have dope to the filmmakers? he said, well, i'd like to see them tried in front of a sharia court meaning if they don't repent for insulting the prophet, he thinks they should be executed. that shows how quickly, simply how a jihadist leader talks about an anti-american protest brings out a few thousand people in front of the u.s. embassy. that shows the ground swell of anti-americanism now taking place in cairo. back to you. tracy: leeland, out in cay row, thank you very much. ashley: continuing with rising tensions in the middle east, oil traders growing more concerned as conflicts spread west to oil rich nigeria. phil flynn has more on this. are you concerned then, phil, what's going on in nigeria? >> i am right now. see, egypt doesn't produce a lot of oil, and because we built in good buffer of supply in case of a disru
FOX Business
Sep 18, 2012 1:00pm EDT
the state of the economy than any other government reports we're getting. ashley: united states is one of the world's most economically free countries. think again. the cato institute says the u.s. dropped from the top 10 to 18th on the list in its annual report. coauthor ian vasquez will be our special guest ahead to explain that. 18th in economic --. tracy: we were 10th last year. he has got to tell us what is going on. time for stocks as we do every 15 minutes. we head down to nicole petallides on the floor of the new york stock exchange. nicole we're down about eight points right now? >> right. the truth is yesterday we gave back about 40 points. wee had two weeks in a row about gains. fed stimulus and bond buying extending low rates. everyone seems to be taking a bit of a breather. right now the dow is down as are s&p and nasdaq as well, all to the downside. down .1 or .2 of a percent. we have winners like apple which obviously broke new records. fedex has come under pressure. fedex once again is warning about a tough global economy. so they came out with their numbers today. they
FOX Business
Sep 21, 2012 11:00am EDT
of people protesting this anti-muslim film made here in the united states. dagen: rick leventhal from fox news joins us live. rick. >> the pakistani government declared today a national holiday, love for the prophet. nonviolence, but things got ugly fast. and across the streets of pakistan including islamabad to keep protesters from approaching the consulate there. and demonstrations in karachi, five movie theaters were burned and a couple of banks on fire. and one officer killed there. and in peshawar, hundreds of demonstrators set movie theaters on fire and police used tear gas. at some point opened the fire on the people and hit a pakistani news vehicle and killed the driver there. and they were marching through the streets and protesting the anti-muslim film and burned a makeshift coffin draped with an american flag and burned an effigy of president obama and around middle east and africa and security has been beefed up at a number of u.s. and western embassies around the region as a precaution, guys. dagen: rick, thank you for that reporting. connell: and nicole, the new york stock e
FOX Business
Sep 12, 2012 3:00pm EDT
obama left the white house now, but earlier today, he vowed to find the murders. >> the united states condemns in the strongest terms this outrageous and shocking attack. we're working with the government of libya to secure our diplomats, and i directed the administration to increase our security at diplomatic posts around the world, and make no mistake, we will work with the libyan government to bring to justice the killers who attacked our people. >> general national congress of libya just relesioned a statement calling the attack a disapproval or condemning and disapproving of the criminal attack on americans. president obama left here a short while ago headed to nevada for campaign events. back to you. liz: okay. thank you very much, rich edson. again, the conflicting information. now it could possibly have been a very coordinated military style attack versus an angry mob. we are following the story closely. gerri willis will have more on it on her show as well as melissa francis. in the meantime, live here in san fransisco at the intel forum. what's this mean? listen, this is a d
FOX Business
Sep 21, 2012 3:00pm EDT
a barrel and what that meant for consumers and gasoline providers in the united states and developed nations when you think of a goldilocks scenario is not the same as we saw in early 2007 but the idea of the s&p and nasdaq and multi-year highs and gasoline prices coming down, central accommodation and what is taking place now number are very bullish on the heels of a rebalancing they referred to earlier and i will tell you into the close. liz: volatility and the close and we will give you all the information you need and thanks, great to see you. have a good weekend. the mission is to help you make money no matter what is happening in the world and peter barnes got a window into the federal reserve's thinking in an exclusive interview with eric rosenfrance. the move to implement quantitative easing is already starting to work in the housing market. >> rates are low in the boston market. prices going up. if you think the federal reserve program will last a fixed period, you want to catch it and interest rates low and prices going up. liz: precisely. why did we play the sound bite? my
FOX Business
Sep 17, 2012 9:20am EDT
the area. the people in the area are having to adjust and they believe the united states is weak. stuart: coming up, the top of the hour, ten o'clock, kt mcfarland on the policy disarray, can we say that the president's approach to islam is working, yes or no. top of the hour. lt. colonel oliver north will be here, says no, you cannot bring in the marines. two big companies and we're following them on the opening bell. general motors wants the government to sell its stake, but the reports suggest that the government wants to keep in control. apple could we see another all-time high? we're really, really close to 700 a share. we'll check it in just a couple of minutes. >> take a close look at your screen. and would you like this, a new graphic? graphics occupy less of the screen and i can appear more on the screen. i happen to adore the graphics. [laughter] >> the judge likes them too, and you can see more of him. television, what an awful beast it is. and the bell has running and trading slightly to the down side. we were expect ago modest loss at the opening bell, not much, maybe 20,
FOX Business
Sep 26, 2012 9:20am EDT
economy and that's why the united states must do what we must to prevent iran from obtaining a nuclear weapon. >> and that's president obama speaking at the u.n. yesterday and ahmadinejad speaks today. in the next hour, the american muslim's response from the american islamic forum for democracy. joining us at 10:15. and elizabeth warren making headlines again, but do you remember this? >> in this country, who got rich on his own, nobody. you built a factory out there good for you, but i want to be clear, you moved your goods to markets on the roads to paid for. >> the woman who started the income envy debate with that rant. turns out she was getting paid by a steel company and that against the unions. could it be true? and that's not all. questions whether she's licensed to practice law. that is just one of our new at ten stories. and then we have barnes & noble. it's got a lighter and thinner e-reader. so, nicole, is the stock up? >> oh, yeah, the stock is up lighter, thinner, high def. you want 7 inches, you want 9 inches, want to be able to read in the dark and do you want a strong
FOX Business
Sep 7, 2012 1:00pm EDT
ahead. and if the united states locked in an economic cold war with china? the author of a new book says yes. he will tell us why he thinks u.s. companies and political leaders need a completely new battle plan to fight the chinese threat. hmmm. as we mentioned the dow only down about 17, 18 points right now. top of the hour. time for stocks as we do every 15 minutes. we head down to nicole petallides on the floor of the new york stock exchange. hey, nicole. >> hey, trace, good afternoon, everybody. the dow is down 18 points. it is off the highs we saw yesterday. closed at the highest level since december of 2007. today pulling back about 18 points. not really giving back that 244 point gain we saw yesterday. right now the nasdaq has a down arrow. the s&p is up one quarter of 1%. i want to look at a laggard though on the dow jones industrial average. that is kraft. when you look at kraft, they have two kinds of businesses. they have the international business and the north american business. they will be spinning off. that will happen october 1st. when they gave the projections for 2013
FOX Business
Sep 11, 2012 9:20am EDT
you imagine senator rand paul filing a complaint with the supreme court of the united states challenging many things that president obama wants to do and the supreme court hearing those challenges? >> yes, i can-- >> that's very tempting. >> and we don't have that, that system here, we have something called stand in which makes it difficult for you to get the right to challenge the government. in germany, any other member of the government can challenge what the chancellor wants to do. they will probably rule tomorrow and as you said, they will probably permit the government to participate in this. if they don't. you would know better than i what will happen to the euro. >> that's europe. i don't understand why, look, in america, i've always been told that you can sue anybody for anything anytime. why can't any member of the government or any member of citizen of the united states sue the federal reserve and say, hey, we don't want you printing money like that, we don't think you should be. >> the supreme court has already permitted it. not this court, anyone on the court rig
FOX Business
Sep 11, 2012 11:00am EDT
about the united states and how that relates to what israel does against iran and what we do again to stop iran from developing nuclear weapons? >> it is a really interesting statement from netanyahu. hillary clinton came out yesterday and said no deadlines. i think the israelis want a firm deadline from the united states on when we will do military action because ultimately if you look at this operation, yes, the israelis can hit something, yes, they can do some damage, but only with the united states, only with our b-1 bombers and cruise missiles can you do significant long-term damage to the nuclear facilities in iran. so the question is, yes, the israelis could go alone, but it is always far more optimal to get on board with the united states. so i think this issue is going to remain a live issue into 2013, because i don't see how we have an off ramp. dagen: right. helima terrific to see you. we covered so much in little time. next time more time i promise. >> thanks. connell: new book that's come out from bob woodward. we will talk about that book on the day in which boehner h
FOX Business
Sep 12, 2012 1:00pm EDT
how the united states is responding next. first as we do every day at this time of day, check out how oil is moving right now based on that news out of libya. not moving much at all. down 11 cents. $97.11 a barrel. before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'd miss our family tradition. now symbicort significantly improves my lung function, starting within 5 minutes. and that makes a difference in my breathin
FOX Business
Sep 17, 2012 11:00am EDT
was asked all about it yesterday on "meet the press." >> did you, their very existence of the united states, we have to understand that we have to deal with it. in this vast expansive land, you can understand why they are so antagonistic to us. we are you and you are asked. connell: the author of obama's globe, the president abandonment special assistant to president nixon. react right off the bat to what the prime minister of israel had to say in terms of how this is being handled and how we view them. >> i totally agree with the prime mister. he tries to be diplomatic and friendly to the president although president obama is not friendly to him. he asked a very interesting question in that interview. he said we are asked to wait and he said wait for what? of course, we know the answers to that question. he is already revealing how he feels about that election. he revealed how he felt about it when the microphone was open and he did not know it was. in talking about that he said tell vladimir to give me space. after the election i can be more flexible. good lord. unbelievable. connell: i w
FOX Business
Sep 18, 2012 9:20am EDT
, they're looking for a 5% drop in the united states which is a pretty bad indicator for america's economy. i think that's actually 5%. so, i really want to move on fast to apple. is it at 700, yes or no? >> no, a nickel, pull out a nickel. that's how far away we are 699.95. stuart: am i right in saying that during regular market hours it has yet to hit 700. pre-market, post market. >> correct. stuart: but-- >> i saw it over 701 overnight. so iphone 5 has been obviously breaking all records. stuart: i here by guarantee, the trumpets will sound when we hit #00. >> i thought you were guarantee 700. stuart: no, not. nice dry, nicole, nice dry. the dow industrial is down as we suggest. i'm going to stay on apple and bring in branding strategist, the author of the book "break through branding". katherine, welcome to the program. >> thanks for having me. stuart: now, i want to talk about the buzz that apple creates, very, very cleverly. did they deliberately produce fewer iphones, just restrict their production knowing that they were going to get huge orders so they could go out and sa
FOX Business
Sep 19, 2012 11:00am EDT
of the united states redistributed more income than we have today. connell: let me stop you for one second -- >> -- that's why the economy is having so many problems. connell: and the reason is i want to explain the chart. brian gave us this chart to tell you what you are looking at. government spending percentage of the economy versus stocks, versus the dow. >> yep. connell: so the yellow line is stocks. do you see where it is going up there? going all the way back to the 60s. and the blue line is government spending. it tells you what, brian? >> yeah, it's very very clear, if you look at that chart. back when lbj, lyndon johnson became president in 1965, we passed the great society programs, government spending shot up, and the stock market went nowhere for 17 years. then ronald reagan came in and even bill clinton lowered and reduced spending as a share of gdp, and the stock market exploded, and now in the last decade, under president bush and then obama, government spending has shot up again. no wonder stocks have been flat for the past decade. connell: they have been for a long time.
FOX Business
Sep 24, 2012 11:00am EDT
: all electric. i can understand the resistance in the united states. if we're talking about other countries, fair enough. and that's been its niche market. charles: it is a niche market but big enough market for an individual company like tesla where if you are trying to ram them down everybody's throats ala the volt. i think anybody who buys the roadster isn't going to be worried about the distance on the charge, the cost. when you have 100 grand to blow on a car, those are things that you aren't really --. i think the stock goes to 38. cheryl: thank you very much, charles. we will see you next hour. it is quarter past the hour right now. stocks now and every 15 minutes. nicole: this stock is doing really well today, take a look at the shares are faring right now. tivo has come to an agreement with verizon. it said that verizon actually agreed to pay over 250 million dollars to settle pending patent litigation over video services. considered great news for tivo, up about 5% today. let's take a look at major market averages right now. the dow jones industrial average down 25 point
FOX Business
Sep 24, 2012 1:00pm EDT
countries like the united states are already past the 50% penetration market. you got the smart phone. the incremental advantage of a new one, you know, is much less than the advantage for the future phone to a smart phone. >> people always trade up. you don't have total saturation. if you have one, you expect to get the new model, you drop it, you break it, it's note like you're not going to get another one. the expectations, the growth is exploding. 50 million iphones sold in the december quarter; right? that's the base bar. you know, that's the expectation. apple needs to beat that hurdle to keep forward momentum. when you only sold 150 million total units in the june quarter alone, worldwide among all the vendors, a third of the marketplace, is it poll? of course it is, but can they make them fast enough? that's the issue. >> is there backlash setting in for apple? i was watching tv in the samsung galaxy commercial makes fun of the people waiting in line for the iphone5. everywhere you go, you see the galaxy posters, point your phone up, and you get five free songs. there's fierce
FOX Business
Sep 4, 2012 11:00am EDT
tax rate. the united states have highest corporate tax rate in the industrialized world making us less competitive. we need to bring down the corporate tax rate to attract investors and different corporations as well. we have to simplify the corporate tax code. a lot of extra provisions that can be reduced to simplify and make corporate taxes and individual taxes easier. reducing the rate and simplifying the deductions is the key winning formula. dennis: as soon as we hear reduce the rate that will make some americans feel they are favoring corporations. do you guys want overall corporate tax revenue to go up to help balance the budget? >> corporations have a role to play in the economy and they should play commensurate with their earnings like everybody should pay in terms of how we are structured. in terms of lowering the corporate tax rate increases jobs and that helps americans. by lowering the corporate tax rate you help the economy and individual americans and that is the key to getting the economy started again. dennis: overall should there be an alternative minimum tax so every
FOX Business
Sep 5, 2012 1:00pm EDT
in business and financial debt in the future. it will sink our economies, all of us, europe, united states, everybody. lori: harry dent, many thanks for your time and analysis. your forecasting is always great. melissa, chorus is growing louder of private debt bubbles. he makes a great point. melissa: he really does. when comes to gold competitiveness the u.s. is failing again. up next find out where we rank and why the drop and we'll get the take from lou dobbs on all of it. lori: i mentioned in the shot that european yields are coming down. here in the u.s. they're unchanged. we saw buying earlier on some weaker, if you will, economic news. the productivity was sky-high but of course wage growth was muted that is a huge disappointment. our bosses are squeezing everything they can out of us. back with more after this. lori: you're going to get in hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >> i'm cher
FOX Business
Sep 6, 2012 11:00am EDT
are under way in the united states. hundreds of employees potentially at risk. and telling charlie the equity business has been, quote, decimated. we will get more from charlie gasparino in the next hour of markets. dennis: stocks every quarter hour. chipmakers that both end of the spectrum. nicole: we talk about supply it is the big issue. technology groups, to the downside and a supply warning and you can see down 22% is a huge move to the downside. if you are disappointed in how you have supply ready to go and some key beneficiaries both of which are up 8% on this news another thing to note is prices are flat but this could -- benefit from supplies. big picture market outlook a big day. if you have an ira or 401(k) you are pretty happy. lots of new highs. dennis: thank you. gold is hitting a five month high today. phil flynn of price futures group and fox business contributors watching all things shiny. phil: we are seeing silver flying saucer. what are talking about? a saucer bottom in silver. that is what traders are talking about. silver created tactical tops or bottoms which
FOX Business
Sep 18, 2012 11:00am EDT
the president has taken office, for every one dollar added to the economy, the united states has added more than 3 dollars in debt. while there's been a 12% increase in economic output, there's been a 50% increase in the national debt. those are the numbers. here's something not to get lost today. one of the biggest names in america business says the economy is getting worse. we're going to have more on why fedex is lowering its outlook. dagen: you wonder why oil is selling off. one of the biggest names in the bond market, he is here in studio. bob auwaerter coming on. bank of america, merrill lynch just said gold going to end up going to $2400 an ounce. we know how those often work out. look at oil at $96 a barrel. [ horn honks ] [ male nouncer ] you start your day... love you, too. ...thinking about what's important to you -- your family... ...e mortgage... the kids' college tuition. [ cellphone ringing ] but life insurance? [ horn honking ] life is unpredictable. that's why at fidelity life we want you to think about term life insurance -- taking care of your family's future expenses if somet
FOX Business
Sep 24, 2012 9:20am EDT
to keep order. it's sort after metaphor what's happening in the united states and countries all around the world where you have, you think you can solve every problem by new regulation, and you have so many different regulations concerns unsportsman like conduct. about ten of them delay of games and illegal, tackler using a helmet to butt. too many regulations for problems on the field. >> and so should the nfl cave and pay more to the regular refs to get them back? >> no, too many-- >> we're going to get e-mails on this, and we will watch whether we've got replacement refs or regular refs. >> we'll watch. >> of course we will. >> and i'll watch, there you go. >> two stories from two states, each will make you angrier than the next, first, union heads give chicago teachers a goldstar for their strike, that shut down schools in seven days, and then, there is california, the formerly golden state where the governor is set to sign a bill that could push even more businesses right out of the state. next. ♪ stuart: new at 10:00 a.m., a truly only in california story. all signs point to je
FOX Business
Sep 21, 2012 4:00pm EDT
in the united states, and we think larger caps are the place to be. liz: where in the larger cap space? are there particular sectors you like? particular names? >> well, within the large cap, we believe in a broader based investment strategy, well diversified. a couple of sectors we like is health care and the other is real estate despite huge runups with home builders. we think that recovery is just at its infancy, and really won't peak out for another four or five years in the real estate market. a couple sectors we think have real legs to grow much higher. david: david, back to you. we have a credit crunch going on. the fed, both the fed and politicians, try to make sure we don't have the same kind of bubble in housing we did before. large companies can get around this in a way small companies can't going directly into the markets themselves. for that reason, would you prefer a large cap company over a small cap company right now? >> yes, absolutely. for the reasons you cite. number one, they do have access to credit. number two, they do have strong balance sheets, clean, and a lot
FOX Business
Sep 17, 2012 3:00pm EDT
the united states. they're going to protect the prophet mohammed. a call from how t hezbollah. a lot of military. it may remember they're the ones involved in the 2006 war with israel, lots of rockets and a lot of abilities overseas to launch attacks against american interests and or western interests. we saw violence in afghanistan. they had to beat eaten back from the compound, and in pakistan wherwere they used water cannond tear gas to beat back protesters. they would temporarily close for the day because of the fear of how much anti-american violence would spin out of control in pakistan. there was more violence volatile cocktails, those kind of things. this was all sparked by that movie put on youtube, more of a clip, amateur thing being disrespectful to the prophet mohammed. i interviewed today one of the organizers of the original protest with a movie that began. i asked have you seen this movie? he said no, i haven't, but i heard about it. what is probably important to note, the protest are not because people are watching this movie, but are hearing about it and the fans ext
FOX Business
Sep 7, 2012 11:00am EDT
and the top 1% or 2% but you need some sort of tax overhaul to make the united states more competitive. connell: we talk about that a lot. the first part, i think it is pretty interesting especially from you. bill clinton argued nobody could have fooled us out of this economic mess in four years and included himself. it sounds like you think we could have been pull out of it but not in a way that some of argued. some argued we need a completely different prescription altogether. you say we needed more money spent than was spent. >> we needed more targeting of what was spent. health care was important but that should have been the second priority. first priority should have been no different than when roosevelt took office. the economy, stupid. you have to put people back to work and he has not done a good enough job and he has to get the best and brightest together and come up for the real dialogue. this is what i'm going to do. not just sweeping generalities or romney and ryan are retrograde to what failed in the first place. team needs a positive agenda for america. connell: let me a
FOX Business
Sep 11, 2012 1:00pm EDT
the united states will avoid the fiscal cliff. peter has more on this in washington. >> the package of tax breaks would not avoid the fiscal cliff, but the usual grab bag of so-called tax extensions that congress approves pretty much every year, big ones like patching the al ten -- alalternative minimum tax, but thanks to big time lobbyists and lawmakers from both parties who want to help companies back home, there are plenty of special interest tax breaks in the package, $78 million, for example, for auto racetrack owners for faster writeoffs of investments, and $248 million for movie and tv studios to keep production in the u.s. when other countries over deals, and deals for electric powered motorcycles to encourage energy goals. they justify all of them, of course, and it's hard to get rid of them. >> only right before an election, last thing members of congress want to do is talk about eliminating tax breaks that others claim help create jobs. >> get this, supporters claim they did get rid of some breaks, 21 provisions including that notorious tax credit for electric golf carts. the pa
FOX
Sep 5, 2012 7:00am EDT
in the united states or elsewhere. >> i'm not resisting. >> the video appears to show dorm being hit in the head when the flash of the gun goes off. he spent nearly four months in jail as a result of the incident. taylor was indicted last month for allegedly lying about what happened. >>> first lady michelle obama wowed the crowd as one of the primetime speakers of day one at the democratic national convention. tonight, former president bill clinton will waive his magic wand. nicole collins is live in charlotte with all of the details. nicole, tell us about that? >> reporter: left night, first lady michelle obama was well- received here and added a personal touch that the obama campaign wanted her to. she defended some of her husband's policies like his health care law and he didn't put it off for another president to deal with and he took it and ran with it and got it done and had some personal fors to tell about the time when they dated, when the president came up from nothing essentially and built himself up. tried to pitch him as that type of man and she was well- received here and we look f
FOX Business
Sep 20, 2012 1:00pm EDT
of coal and the president wants to shut down coal production and the use of coal in the united states and, so that we can export it to our economic competitors around the world. the house is going to speak once again that this is a big step in the wrong direction. >> the white house says this bill packages together a number of harmful measures that would undermined landmark environmental laws and would adversely affect public health, the economy and the environment. if this bill passes the house the senate will very likely pass on even considering it. back to you. ashley: the saudi arabia of coal. that's what we are. rich, thank you very much. >> how about that? procedural vote is happening now in the senate and that's possible that senators could vote on a six-month spending bill and then of course leave town until the november elections but it's not a done deal yet. joining us now with exclusive, for an exclusive interview republican senator mike crapo of idaho. senator, i have to tell you i think i speak on behalf of a lot of americans when i say we are so sick of hearing this kind of
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